A mechanism for investors in mainland China to buy and sell government bonds and corporate bonds in the Hong Kong market began on the 24th.

Economic integration between mainland China and Hong Kong will be further promoted.

In China, the movement of capital is restricted in order to prevent the outflow of funds, but from the 24th, investors in mainland China can buy and sell bonds such as government bonds and corporate bonds in the Hong Kong market.



For the time being, bonds denominated in RMB and Hong Kong dollars are targeted, and in order to prevent a sudden outflow of funds, the investment limit is set at 500 billion yuan per year and about 8.5 trillion yen in Japanese yen. increase.



These efforts aim to increase the presence of Hong Kong as an international financial center by promoting the opening of the Chinese market and making it easier for foreign companies to raise funds from investors in mainland China.



In addition, a mechanism for mutual investment between mainland China and foreign individual investors is expected to begin soon between Hong Kong and Guangdong Province, further promoting economic integration between mainland China and Hong Kong. It will be in shape.